229 5th Concession Road, Ajax

Price: $2,549,900

5 bedrooms, 5 bathrooms

5,000+ sqft

Property Type: Detached

MLS#: E13800940

Sold under POWER OF SALE. "Sold" as is - where is. Power of Sale Opportunity... Welcome to this exceptional custom-built estate set on over 2 acres and surrounded by protected greenspace in one of Ajax's most sought-after settings. This impressive 5-bedroom, 5-bathroom residence offers over 5,000 sq. ft. of spacious living space, with soaring ceilings, coffered details, porcelain and marble finishes, and rich hardwood flooring throughout. Generous principal rooms provide an ideal setting for both family living and entertaining. The chef-inspired kitchen features extensive cabinetry and a spacious breakfast area overlooking the expansive grounds. The primary suite offers a spacious retreat with a luxurious ensuite and walk-in closet. Enjoy the privacy of the expansive property from the covered porch, outdoor fireplace, and covered patio. The property also features a 3-car garage and an exceptionally large driveway with parking for numerous vehicles. A rare opportunity to acquire an impressive estate property offering an expansive lot, privacy, and convenient access to major highways, schools, shopping, and amenities. Easy to show! Sold under POWER OF SALE. "sold" as is - where is. Must attach schedules "B, C and D" and use Seller's sample offer when drafting offer, copy in attachment section of MLS. Easy booking through brokerbay. 48 business hrs minimum for irrevocable

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active

$2,549,900 - 229 5th Concession Road, Ajax

Detached for Sale in Ajax

Neighbourhood: Northeast Ajax

5Beds
5Baths
5,000+Sq Ft
Detached

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Property Details
MLS Number
E13800940
Property Type
Detached
Status
active
Days on Site
16
Bedrooms
5
Bathrooms
5
Square Feet
5,000+ sqft
Neighbourhood
Ajax
Lot Size
90,137 sqft
Taxes (2025)
$21,823
Listing Brokerage
RE/MAX REALTRON REALTY INC.
Description

Sold under POWER OF SALE. "Sold" as is - where is. Power of Sale Opportunity... Welcome to this exceptional custom-built estate set on over 2 acres and surrounded by protected greenspace in one of Ajax's most sought-after settings. This impressive 5-bedroom, 5-bathroom residence offers over 5,000 sq. ft. of spacious living space, with soaring ceilings, coffered details, porcelain and marble finishes, and rich hardwood flooring throughout. Generous principal rooms provide an ideal setting for both family living and entertaining. The chef-inspired kitchen features extensive cabinetry and a spacious breakfast area overlooking the expansive grounds. The primary suite offers a spacious retreat with a luxurious ensuite and walk-in closet. Enjoy the privacy of the expansive property from the covered porch, outdoor fireplace, and covered patio. The property also features a 3-car garage and an exceptionally large driveway with parking for numerous vehicles. A rare opportunity to acquire an impressive estate property offering an expansive lot, privacy, and convenient access to major highways, schools, shopping, and amenities. Easy to show! Sold under POWER OF SALE. "sold" as is - where is. Must attach schedules "B, C and D" and use Seller's sample offer when drafting offer, copy in attachment section of MLS. Easy booking through brokerbay. 48 business hrs minimum for irrevocable

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$11,279.07/mo

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5-yr fixed avg.

Principal: $2,039,920Interest: $1,343,800
Mortgage Amount$2,039,920
Total Interest$1,343,800
Est. Property Tax$1,806/mo
Total Cost$3,383,720

Rates shown are estimates based on typical Ontario 5-year fixed rates. Canadian mortgages use semi-annual compounding as required by law. CMHC insurance applies to purchases under $1.5M with less than 20% down. Estimated property tax uses an approximate 0.85% rate. Contact us for current rate options and pre-approval.

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Neighbourhood Guide: Northeast Ajax

Discover Northeast Ajax

Northeast Ajax is a vibrant community in the Greater Toronto Area, offering excellent amenities, schools, and transportation options. This area is popular with families and professionals seeking a balanced lifestyle with access to urban conveniences and natural spaces.

Why Live in Northeast Ajax

  • •Convenient location in Ajax
  • •Access to local shops and dining
  • •Good public transit connections
  • •Community parks and green spaces
  • •Well-maintained neighbourhoods

Nearby Schools

Local Elementary SchoolPublic Elementary
Local Secondary SchoolPublic High School

Transit & Commuting

  • •MiWay bus routes throughout the area
  • •GO Transit stations within driving distance
  • •Easy highway access to 401/403/QEW
  • •Walking distance to local amenities

Parks & Amenities

  • •Local parks and recreational facilities
  • •Community centres
  • •Shopping plazas nearby
  • •Restaurants and cafes

Lifestyle & Community

Northeast Ajax offers a wonderful quality of life with a mix of residential charm and urban convenience. Residents enjoy easy access to schools, parks, and shopping, making it an ideal location for families and professionals alike.

70
Walk Score
Varies
Price Range

229 5th Concession Road, Ajax

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$5,200/mo
Range: $4,420 - $5,980
Cap Rate (ROI)
1.3%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$5,200
Maintenance Fees-$0
Property Tax (est.)-$1,806
Insurance (est.)-$531
Net Cash Flow+$2,863

Note: These are estimates only. Actual figures may vary based on market conditions, property condition, and other factors. Consult with a financial advisor for personalized advice.

Joe Battaglia - Top Real Estate Agent in Mississauga, REMAX Realty Specialists

Joe's Thoughts

Honest perspective from 30+ years of GTA real estate experience

Competitive Pricing

At $510/sqft, this is priced below the area average. This could represent genuine value, but let's investigate why. In my experience, underpriced homes often have deferred maintenance, unfavourable layouts, or motivated sellers. I'll help you determine which it is.

Market Position

At 16 days on site, this property has had reasonable exposure. It hasn't sold immediately (which often indicates overpricing), but isn't languishing either. There's likely room for a 3-5% negotiation from asking price.

Detached Home Advantages

Detached homes in Ajax are increasingly scarce and valuable. You'll have no shared walls, full control over renovations, and typically stronger appreciation. Consider the lot size and potential for future additions or basement apartment income. Detached homes also offer the most flexibility for growing families.

Larger Home Realities

At 5,000 sqft, this is a substantial home. Budget approximately $400-600/month more for utilities compared to an average-sized home. Maintenance costs scale with size too - roof, HVAC, and cleaning all cost more. That said, space is a luxury that's hard to add later, and larger homes often have better resale in family-oriented neighbourhoods.

Excellent Flexibility

With 5 bedrooms, you have genuine flexibility. Beyond the master and kids' rooms, you can have a dedicated home office, guest room, hobby space, or even rental income potential. In today's work-from-home era, extra bedrooms add significant value. Properties with 5+ bedrooms are relatively rare in Ajax.

Bathroom Count Matters

With 5 bathrooms, morning routines are much smoother. Multiple bathrooms significantly improve daily livability and are a major selling point for resale. Buyers consistently pay more for adequate bathroom counts - this is a strong feature.

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    229 5th Concession Road, Ajax | $2,549,900 | Battaglia Team